QUESTIONS AND ANSWERS

What is the cryptocurrency?

A cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and control the creation of additional units of currency.

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Where did cryptocurrency come from?

Cryptocurrency is the name given to a system that uses cryptography to secure transfers and exchanges of digital tokens in a distributed and decentralized manner. These tokens can be traded at market rates for fiat currencies (USD).

Why should I invest?

The eye-popping returns generated by cryptocurrencies eclipses returns of other investment classes; such as, stocks or real estate. From 2017 to 2018, the entire cryptocurrency market shocked the world when it grew exponentially from $17.7 billion to $800 billion, achieving a sterling 4,500% growth in just one year.

Who is NCF II?

Northeast Capital Fund II, LLC (NCF) is an innovative asset-based financing and private investment firm that provides an ecosystem to transact cutting-edge asset-based lending across a blockchain platform. Through tokenization we provide asset acquisition buyers more flexibility to acquire capital in a more social-sensitive financial environment.

What is NCF II Ecosystem?

NCF II supports an equality-based economic system (ecosystem) that delivers basic elements; such as, universal access to food, shelter, clothing, health and credit.  We affirm and support the right to pursue a better-quality of life through financial freedom in an environment built on equality.

Why doesn't NCF II use credit scores?

In 2015, Congress declared credit scoring to be a monopoly controlled by just one organization, the FICO credit scoring system leaves over 26 million Americans “credit invisible” or not credit worthy; along with, an additional 19 million not being worthy due to having no credit score.

Can I really get a home with no credit?

We believe there is something fundamentally wrong with a credit market that leaves out more than half the population of the world because they are considered not credit-worthy.  NCF II does not use credit score or pay history to underwrite loans!

Is A$$ETcoin like Bitcoin?

No!  unlike other coins on the market,  A$$ETcoin is backed by real estate, cash, and monthly cash flow; in other words, NCF II’s tokens represent actual share ownership in the company with rights to share in profits.  Besides that, NCF II distributes 20% of net profit from its ecosystem to its token holder.

What is NCF II Guiding Principles?

NCF II affirms and believes “Credit is a Human Right”; therefore, all humanity has the right to pursue a better quality of life in an equality-based ecosystem designed to bring financial freedom.

Why is NCF II disrupting the market?

Disrupting the system automatically empowers the trillion-dollar global asset-based credit market making it more democratized and decentralized; as well as, more transparent and safer for investors acquiring and transferring assets.

What is a sharing economy?

Sharing economy is a socio-economic ecosystem built around sharing human and physical resources for the good of all.

What loan products do you offer?

NCF II offers both residential and commercial loan products backed by Blockchain technology that helps make asset-based lending fast and seamless.

What is the name of your loan program?

NCF II's Collateralized Obligated Loan Alternative (COLA) loan ownership structure is a self-dissolving platform that simultaneity reduces asset acquisition risk and cost while providing wealth building life tools.  It is investment grade collateralized with assets, cash, and cash flow with principal, interest, taxes and insurance 100% protected throughout the life of the loan.

Is NCF II a bank or mortgage company?

NCF II is a credit movement of epic proportion to provide asset-based financing to nearly anyone with viable income.

What are AFC's?

NCF II provides Alternative Financial Centers (AFC) at various locations throughout the U.S., all locations serve as a place to educate potential borrowers, investors and close loan applications. The community can come into one of our AFC locations to get information about our loans, purchasing CCT, or cryptocurrency industry updates.

What type of technology does NCF II use?

NCF II uses ERC20 Ethereum blockchain platform that identifies and executes large complicated transactions with speed and certainty.

What is Blockchain?

Blockchain is essentially a distributed ledger that provides transparency, security and immutability for all permissioned participants on the network, giving them real time access to all data and transactions.  By design, blockchains are secure and exemplify a distributed computing system with high byzantine fault tolerance and ability to achieve decentralization.

What are smart contracts?

Terms of Use

Smart contracts will help us exchange money, property, tokens, or anything of value in a transparent, conflict-free way while avoiding the services of a middleman. Smart Contracts are key components of our Blockchain Platform; for one, they hard code agreements into digital protocols that self-execute and enforce terms and conditions, without external interference

Where can I purchase A$$ETcoin?

To purchase A$$ETcoin you must be an accredited investor – to find out if you qualify click on the link below.